Alert: New Earnings Report (7/31/24)-BorgWarner Inc (NYSE: BWA).

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BorgWarner Inc (NYSE: BWA) has reported E.P.S. of $1.39 for its second fiscal quarter (ending June 30) versus $0.98 for the same period a year ago. For the latest four quarters through June 30, E.P.S. were $3.34 versus $3.17 for the same period a year ago.

Recent Price Action

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On 7/31/24, BorgWarner Inc (NYSE: BWA) stock enjoyed a very large increase of 8.8%, closing at $35.31. Moreover, exceptionally high trading volume at 214% of normal accompanied the advance. The stock has performed in line with the market over the last nine months and has risen 8.5% during the last week.

Current PriceTarget Research Rating

With future capital returns forecasted to exceed the cost of capital, BWA is expected to continue to be a major Value Builder.

BorgWarner has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. BorgWarner has a neutral Appreciation Score of 50 and a slightly negative Power Rating of 32, producing the Negative Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.

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